Ten teams from across the country will be participating in the second “boot camp” for Back founders in Durham.
The week-long program is being put on by Google for Entrepreneurs Exchange: Black Founders along with American Underground, TechSquare Labs, COCO, Nashville Entrepreneur Center and Lincoln Financial Group.
“Together with American Underground, we are deeply committed to supporting the growth and success of underrepresented founders,” said Nicole Froker, Partner Engagement Manager for Google for Entrepreneurs.
“The Google for Entrepreneurs Exchange program is a unique opportunity to help bridge the gap between founders seeking funding with mentors and investors, and we saw great success from last year’s program. We are proud to partner with American Underground once again to advance this effort.”
The boot camp is set for Oct. 8-13.
The teams are:
- Loanable (Durham) – Helps create create friends and family loans online and repay them easily with auto-draft.
- 2020 Shift (NYC) – Trains professionals on the skills they need to find careers they love in digital media and technology.
- Please Assist Me (Nashville) – A tech based comprehensive home assistant service.
- DisputeDoc (ATL) – First automation platform for fixing credit and improving credit scores.
- Reciprocare (DC) – Helps senior care agencies and facilities find caregivers and helps caregivers find the best jobs for their unique needs.
- Partake Foods (Jersey City) – Partake Foods is a line of snacks that are free of the top 12 allergens. They’re Non GMO, Kosher, gluten-free, vegan, and made with simple, whole food ingredients.
- Ilerasoft (Cincinnati) – Its software centralizes a health system’s equipment data on one platform to improve FDA safety recalls. We have built a better way to link and match FDA safety recalls to relevant hospital inventory to identify defective medical equipment earlier and more accurately. The current method is inaccurate and can takes over 3 weeks to identify and remediate the right defective equipment, leading to 50,000 preventable injuries. Our solution reduces identification time to 1 day.
- ScrapSports (ATL) – The #1 platform for athletes, coaches, and fans to build their brand, share their story, and cement their legacy on the web.
- Zyrobotics (ATL) – Makes interactive STEM tools and learning games for early childhood education that are accessible, adaptive, and cloud-connected.
- Civic Eagle (Minneapolis) – Helps government and policy organizations learn, engage, and activate the people they serve through a suite of inexpensive software tools.
Program emphasis points include:
- Preparation for an angel/seed stage round raise (less than $750,000)
- Knowledge sharing around the unique challenges that face Black founders
- Pairing founders with a Thurgood Marshall College Fund intern during the program to support execution
Program eligibility requirements:
- Focus on Software, Consumer Product, Big Data, Analytics, and Internet of Things
- Must have a prototype or minimum viable product
- Have conducted customer interviews or have beta/paying customers
- Participating founder is an original founding member of the company
- Preference for startups generating revenue
The startups also will have meetings with potential investors.
“Last year, the inaugural Black Founders edition of Google for Entrepreneurs Exchange was a huge success,” said Adam Klein, chief strategist for American Underground. “We saw half of all of the participating companies in 2016 receive funding and were better prepared to tackle the unique challenges facing Black startup executives.”